Rs 15,000 for First Private Jobs: PM Modi Announces Viksit Bharat Rozgar Yojana

India, August 15, 2025

In a landmark announcement today, Prime Minister Narendra Modi unveiled the much-awaited “Viksit Bharat Rozgar Yojana” as part of his vision to create a developed India. The scheme, designed to boost private sector employment, offers a significant financial incentive for young people securing their first job in the private sector. With a subsidy of Rs 15,000 per month for eligible individuals, this new initiative seeks to ease the transition from education to employment, providing young Indians with the much-needed support to start their careers.

What is the Viksit Bharat Rozgar Yojana?

The Viksit Bharat Rozgar Yojana, which translates to “Developed India Employment Scheme,” is an ambitious program launched by the Indian government to enhance employment opportunities among young job seekers, particularly those entering the private sector for the first time. The scheme promises financial aid to individuals entering their first private-sector job, with a direct subsidy of Rs 15,000 per month for a year.

The launch of this scheme marks a significant milestone in India’s journey towards becoming a developed nation, as it addresses the challenges faced by young people in securing stable and well-paying jobs. By providing this subsidy, the government hopes to create a more robust and dynamic workforce, ready to contribute to the growth of the economy.

The scheme is expected to play a vital role in driving the government’s broader vision of economic development, as it encourages private sector participation, job creation, and skill development across the country.

Who is Eligible for the Scheme?

The Viksit Bharat Rozgar Yojana is specifically targeted at young individuals who are entering the private sector workforce for the first time. To be eligible for this scheme, applicants must meet the following criteria:

Age Group: The scheme is open to individuals between the ages of 18 and 30 years. This age group has been chosen to focus on youth who are in the early stages of their careers.
First Job: Only those who are securing their first job in the private sector are eligible. This encourages young people to take the first step towards a professional career.
Job Type: The scheme applies to individuals employed in the private sector, including both large and small companies. This will encourage hiring across various industries and sectors.
Salary Conditions: The subsidy will be applicable to jobs that offer a monthly salary of up to Rs 25,000. This ensures that the scheme focuses on providing support to individuals entering the workforce at the entry level.
Indian Citizenship: The applicant must be a citizen of India, ensuring that the scheme benefits the youth of India directly.

This initiative aims to provide financial support to those who may face initial challenges in securing stable employment, thus reducing the economic pressure on young workers as they begin their careers.

How Does the Viksit Bharat Rozgar Yojana Work?

Under the Viksit Bharat Rozgar Yojana, the government will provide a subsidy of Rs 15,000 per month to eligible candidates. This subsidy will be paid directly to the bank account of the employee for the first 12 months of their private-sector employment.

The scheme aims to reduce the financial burden on young people as they start their careers. It will provide them with financial security during the initial phase of their employment, allowing them to focus on their professional growth and career advancement. The scheme will be administered through an online portal, where eligible individuals can register, track their applications, and receive updates regarding their subsidy status.

The Application Process

The application process for the Viksit Bharat Rozgar Yojana is designed to be simple and user-friendly. Eligible individuals can apply through a dedicated online portal provided by the Ministry of Labour and Employment. The steps involved in applying for the scheme are as follows:

Registration: Applicants will need to register on the online portal by filling out their personal details and providing necessary documentation such as proof of age, educational qualifications, and employment details.

Verification: Once registered, the applicant’s details will be verified by the concerned authorities to ensure eligibility. This step includes confirming that the individual is entering the private sector workforce for the first time.

Approval and Disbursement: Once the application is approved, the subsidy amount of Rs 15,000 per month will be credited directly to the applicant’s bank account. The payment will continue for 12 months, provided the individual remains employed in the private sector.

The application process is designed to ensure that the subsidy reaches deserving candidates promptly, with minimal delays.

What Are the Key Benefits of the Scheme?

The Viksit Bharat Rozgar Yojana promises several key benefits that will significantly impact both individuals and the economy as a whole:

Financial Relief for Young Job Seekers: The Rs 15,000 monthly subsidy will provide much-needed financial assistance to young people as they enter the workforce. This will help ease the transition from education to employment, reducing the economic challenges faced by many.

Increased Job Opportunities: The subsidy will incentivize private companies to hire young people, leading to an increase in job opportunities across various sectors. This is expected to lead to a reduction in the unemployment rate among young Indians.

Enhanced Skill Development: By encouraging private-sector employment, the scheme will provide young people with valuable work experience and opportunities for skill development. This will contribute to building a more skilled workforce in India.

Support for the Private Sector: The Viksit Bharat Rozgar Yojana will help stimulate growth in the private sector by providing financial support to young employees. As private companies expand their workforce, the economy will see an increase in production, services, and innovation.

Economic Growth: The scheme is expected to contribute to overall economic growth by creating a more productive workforce. As more young people enter the workforce and contribute to the economy, the country will move closer to achieving its goal of becoming a developed nation.

Job Security: With the financial support provided by the scheme, young employees will feel more secure in their jobs, particularly in the early stages of their careers. This security will boost their confidence and motivation to perform better in their roles.

Government’s Vision for a Developed India

Prime Minister Modi, while launching the scheme, expressed his vision for a “Viksit Bharat” or developed India. In his address, he stated, “The youth of India are the backbone of our country’s future. The Viksit Bharat Rozgar Yojana is a step towards empowering our young workforce and ensuring they have the opportunities they deserve to thrive. This initiative will create a brighter future for all, where employment is not just a dream but a reality.”

The government aims to make India a global economic leader by creating millions of job opportunities for its young population. This vision is centered around developing a skilled workforce that can compete on the global stage and contribute to the nation’s growth.